Latest National Pension Scheme HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on National Pension Scheme.
Ministry of Finance has extended the deadline for central government employees, past retirees, and l...
Central government employees have until September , , to opt into the Unified Pension Scheme ...
As the September deadline approaches, central government employees face a pivotal decision wheth...
Central Government has issued a final call to its employees currently enrolled under the National Pension System (NPS) to consider switching to the newly introduced Unified Pension Scheme (UPS) before the June 30, 2025 deadline. The UPS, operational since April 1, 2025, promises assured monthly pensions, enhanced family benefits, and a more secure post-retirement future—marking […]
Central Government of India has announced full parity in gratuity benefits for pensioners under the National Pension System (NPS) and the newly introduced Unified Pension Scheme (UPS). Union Minister of State for Personnel Jitendra Singh announced the move on June 18, 2025. It addresses a long-standing demand from government staff and aligns retirement benefits across […]
National Pension System (NPS) has achieved a significant milestone in FY2024–25, with private sector subscriber enrolment crossing the 12 lakh mark. This remarkable growth highlights the increasing adoption of NPS among private sector employees, driven by its robust framework and attractive benefits. The Pension Fund Regulatory and Development Authority (PFRDA) has emphasized the importance of […]
India’s formal job market faced a significant decline in August 2024, as all three major social security schemes recorded a fall in new subscribers. The Ministry of Statistics and Programme Implementation (MoSPI) released its report titled “Payroll Reporting in India: An Employment Perspective – August 2024,” shedding light on the employment landscape during that period. […]
In a landmark decision, the Union Cabinet, chaired by Prime Minister Narendra Modi, has given the green light to the Unified Pension Scheme (UPS). This scheme aims to revolutionize pension provisions for government employees, ensuring financial security and dignity in retirement. What Is the Unified Pension Scheme? The UPS is designed to replace the existing […]
Compensation practices have been the foundation of attracting and retaining best-in-class talent. While executive compensation structure has been a primary lever of fostering high-performance culture across organizations, focusing on the care and holistic well-being of employees through new age policies and benefits is essential in today’s world. Some of the most sought-after benefits today are: […]
